Liontrust Asset Management Plc’s £40 Million Proposed Acquisition of Neptune Investment Management Limited


Slaughter and May advised Neptune Investment Management Limited on its proposed acquisition by Liontrust Asset Management Plc for total consideration of up to £40 million.

The consideration will be satisfied by the issue of up to £35 million in new ordinary Liontrust shares, and up to £5 million in new ordinary Liontrust shares dependent on the future level of AuM managed by the Neptune Investment Team.

Completion is conditional upon, amongst other things, obtaining applicable regulatory approvals and is expected to take place in October 2019.

Neptune Investment Management Ltd. is an investment management firm. The Company manages developed markets funds, global funds, UK investing funds, income funds, multi-asset investing funds, and emerging markets funds.

Liontrust Asset Management PLC operates as the holding company for an equities fund management group in the United Kingdom. Their companies provide management services for a range of investment funds, which are aimed at both professional investors and advisors.

The Slaughter and May team included: Nick Pacheco (partner), Paul Dickson (Picture), Emma Wolf (associate), Valerie Kemp (associate); Ben Kingsley (partner), Matthew Silfee (associate); Phil Linnard (partner), Christian Davies (associate); Gareth Miles (partner), Deeksha Rathi (associate); Cathy Connolly (partner), Emma Haywood (associate); Ben Redding (associate).

Involved fees earner: Cathy Connolly – Slaughter and May; Christian Davies – Slaughter and May; Paul Dickson – Slaughter and May; Emma Haywood – Slaughter and May; Valerie Kemp – Slaughter and May; Ben Kingsley – Slaughter and May; Phil Linnard – Slaughter and May; Gareth Miles – Slaughter and May; Nick Pacheco – Slaughter and May; Deeksha Rathi – Slaughter and May; Ben Redding – Slaughter and May; Matthew Silfee – Slaughter and May; Emma Wolf – Slaughter and May;

Law Firms: Slaughter and May;

Clients: Neptune Investment Management;